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J-Pacific Gold Inc.
NEWS RELEASE No. 01, 2008

Resignation of Directors

VANCOUVER, January 15, 2008 – J-Pacific Gold Inc. (the “Company”; TSXV – JPN, OTCBB – JPNJF) announces the resignations of Mr. Martin Price and Mr. Kazuo Shuto as directors of the Company.

The Company sincerely thanks both Mr. Price and Mr. Shuto for their contributions to J-Pacific. The Company does not currently have plans to appoint new directors and its board of directors will now be comprised of five directors.

J-Pacific is a junior resource company focused on gold exploration and mining in Canada. J-Pacific owns the past-producing Blackdome Gold Mine in south-central British Columbia and is completing exploration in immediately adjacent areas, and on the Elizabeth Project, approximately 30 kilometres to the south. In addition, J-Pacific has been actively exploring in Quebec on the Montgolfier Project, 35 kilometres east of the Casa Berardi Project held by Aurizon Mines Ltd.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, visit www.jpgold.com, or call or e-mail:

Media Inquiries:
Victor Webb/Madlene Olson
Marston Webb International
Tel: +1 (212) 684-6601
Fax: +1 (212) 725-4709
E-mail: marwebint@cs.com

Investor Relations:
Neil Murray-Lyon
Renmark Financial Communications Inc.
Tel: +1 (514) 939-3989
Fax: +1 (514) 939-3717
E-mail: nmurraylyon@renmarkfinancial.com

J-Pacific Gold Inc.
802–1166 Alberni St.
Vancouver, B.C., Canada V6E 3Z3
Tel:+1 (888) 236-5200
Fax: +1 (604) 684-6678
E-mail: info@jpgold.com



Statements in this press release, other than statements of historical information, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from those projected or suggested due to certain risks and uncertainties, some of which are described below. Such forward-looking statements include comments regarding the establishment and estimates of mineral reserves [and non-reserve mineralized material], future increases in mineral reserves, the recovery of any mineral reserves, construction cost estimates, construction completion dates, equipment requirements and costs, production, production commencement dates, grade, processing capacity, potential mine life, results of feasibility studies, development, costs and expenditures. Factors that could cause actual results to differ materially include timing of and unexpected events during construction, expansion and start-up; variations in ore grade, tonnes mined, crushed or milled; delay or failure to receive board or government approvals; timing and availability of external financing on acceptable terms for equipment, construction, working capital and other purposes; the availability of adequate power and water supplies; the availability of adequate mining equipment; technical, permitting, mining or processing issues; and fluctuations in gold price and costs. There can be no assurance that future developments affecting the Company will be those anticipated by management.

The forecasts contained in this press release constitute management’s current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received and that actual results will vary from these estimates, possibly by material amounts. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event. Investors and others should not assume that any forecasts in this press release represent management’s estimate as of any date other than the date of this press release. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested is contained in the Company’s filings with the Securities and Exchange Commission (SEC) over the past 12 months, copies of which are available from the SEC or may be obtained upon request from the Company.